Everest to bring Canadian biotech’s potential COVID shots to China, other markets


Source: kwsn.com kwsn.com

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BEIJING (Reuters) – Shanghai-based Everest Medicines said it signed a licence agreement with Providence Therapeutics to make and sell the Canadian biotechnology company’s potential mRNA COVID vaccines in some Asian countries including China. Interim data from an early-stage human trial outside China has showed Providence’s shot PTX-COVID19-B was safe and produced strong antibody responses, Everest said in a statement on Monday. Messenger RNA (mRNA) vaccines prompt the body to make a protein that is part of the virus, triggering an immune response. Companies including Pfizer and BioNTech, and Moderna use mRNA technology in their COVID-19 shots. China is yet to...